News

US HealthVest Hospitals Support Suicide Prevention & Awareness Month

September 18, 2017

September is Suicide Prevention and Awareness month, US HealthVest hospitals are participating in local events to increase awareness and help prevent suicide. US HealthVest hospitals provide access to crisis services to help prevent suicide by offering free mental health assessments 24 hours a day, 7 days a week in the hospital and communities they serve in Washington State, Georgia and Illinois.

Smokey Point Behavioral Hospital’s outreach team has partnered with the local Army Reserve base to participate in suicide prevention training. The Snohomish and Skagit County school districts will be holding an event where Smokey Point Behavioral Hospital will provide resources for students who may be dealing with mental health issues such as depression, eating disorders and / or bullying. This hospital has recently opened and is now providing access to free mental health assessments in the North Sound of Washington State, an under-served area with limited mental health and addiction resources.

Ridgeview Institute in Smyrna, GA is working with Cobb County school social workers to promote suicide awareness as part of the on-going crisis prevention intervention program the hospital has in place with the Cobb County schools. Since Ridgeview recently renovated their adolescent unit and expanded services, the outreach team is working with local high schools to promote suicide and crisis prevention. Ridgeview doesn’t stop there, they are also sponsoring and participating at a college and university annual suicide prevention conference this month. At the Monroe location of Ridgeview Institute the hospital is partnering with schools in Walton County to offer free suicide assessments 24/7.

Chicago Behavioral Hospital is partnering with Elyssa’s Mission, a local non-profit organization committed to ending suicide, to provide suicide assessments in the local schools in the month of September. CBH is also proud to partner with McHenry County at the National Suicide Prevention seminar. In Elgin, IL we are participating in Suicide Prevention Day.

US HealthVest supports National Suicide Prevention and Awareness month and we are proud to offer services to the communities we serve to #StopSuicide.

Richard Kresch Participates in Capital Roundtable Conference on Behavioral Health

September 14, 2017

Richard Kresch, M.D., Founder, President and CEO of US HealthVest participated on a panel discussion at the Capital Roundtable Conference on Private Equity Investing in Behavioral Healthcare.  The panel discussion was titled, “Regulatory, Compliance and Reimbursement Issues that Can Keep Investors Awake at Night”.   The full day conference, held at the University Club in New York City, addressed the growing demand for investment in behavioral health and addiction treatment.

The Capital Roundtable is America’s leading conference company for the middle-market private equity community, focusing on the “need-to-know” information needs of general and limited partners, and their colleagues and portfolio company managers.

US HealthVest Announces Definitive Agreement to Acquire Vista Medical Center West

September 13, 2017

Acquisition and Expansion of Behavioral Health Services in North Chicago

Waukegan, IL, September 12, 2017 – US HealthVest has signed a definitive agreement to acquire Vista Medical Center West from Quorum Health Corporation (NYSE: QHC). Located in Waukegan, Illinois, Vista Medical Center West, previously Provena Saint Therese Medical Center, has provided behavioral health services to the community for over 50 years.

US HealthVest is making a significant investment in the campus and expanding behavioral health services to address the critical shortage in the area. Many patients are forced to leave Lake County for psychiatric care.

The acquisition is expected to close in early 2018.